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Reeves accused of ‘rattling the markets’ after income tax U-turn pushes up borrowing costs – UK politics live

todayNovember 14, 2025 1

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A source told the Guardian that plans to break the manifesto pledge on income tax had been ditched by the chancellor

This is from Kevin Schofield from HuffPost UK this morning.

Senior Labour source: “Keir and Rachel – in office, but not power.”

We do not comment on speculation around changes to tax outside of fiscal events. The chancellor will deliver a budget that takes the fair choices to build strong foundations to secure Britain’s future.

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Source: www.theguardian.com

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Written by: truelightfm

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